What are the principal reasons for using a special payroll checking account?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (22 reviews)
The use of special payroll checks relieves the treasurer ...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Question Posted:
Students also viewed these Accounting questions
-
What are the principal reasons for using a special payroll bank account?
-
What are the principal reasons why new products fail?
-
What are the principal reasons for the high failure rate among small businesses?
-
Which subject does Corporate social responsibility belong to?
-
Bhatti Communications' cash flow statement reported the following cash receipts and cash payments (the amount in brackets) for the year ended August 31, 2017: BHATTI COMMUNICATIONS Cash Flow...
-
Delorme Specialties reported the following at December 31, 2021 (in thousands): Requirement Determine the following items for Delorme Specialties during 2021: a. Gain or loss on the sale of property...
-
DE19-19 Consider the cost-benefit analysis for the GE quality program discussed on page 774. Suppose GE's managers now estimate a 90% chance that the projects will yield an extra $20 million in...
-
Indicate in general journal form how the items below would be entered in a worksheet for the preparation of the statement of cash flows. (a) Net income is $317,000. (b) Cash dividends declared and...
-
Problem 7-21 (Algo) Segment Reporting and Decision-Making (LO7-4) Vulcan Company's contribution format income statement for June is as follows: Vulcan Company Income Statement For the Month Ended...
-
In which quarter(s) was the percentage change in velocity positive? Choose one or more: A. Q1 2020 B. Q2 2020 C. Q3 2020 Part 2 (2 points) Lets focus on the second quarter since the change in...
-
Taylor Company, with 20 employees, is expanding operations. It is trying to decide whether to hire one full-time employee for $25,000 or two part-time employees for a total of $25,000. Would any of...
-
Explain how a payroll system that is properly designed and operated tends to ensure that (a) Wages paid are based on hours actually worked and (b) Payroll checks are not issued to fictitious...
-
A random sample of n = 100 observations is selected from a population with m = 31 and s = 25. a. Find mx and sx. b. Describe the shape of the sampling distribution of x. c. Find P1x 282. d. Find...
-
Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to the ending inventory using FIFO. 1 Date...
-
A company may go through organizational change at various stages in its life cycle for a variety of reasons. Reasons can include a change in ownership as well as a change in the competitive...
-
6 (a) Below is a diagram of a rotating disc viscometer (FIGURE 4). Explain its operations and limitations as to use. If, in a similar works situation, it is necessary to make measurements on a...
-
As part of your role in the Business Analytics and Data Analytics team, you have been asked to forecast Food Retailing as part of a wider report being commissioned by the above collaboration - on...
-
You are three students who have together bought a business that makes snow. The customers consist of both large public enterprises and private individuals. The business is run all year round, but the...
-
Draw a fish-bone chart detailing reasons why an airline customer might be dissatisfied. kio5
-
The activities listed in lines 2125 serve primarily as examples of A) Underappreciated dangers B) Intolerable risks C) Medical priorities D) Policy failures
-
Discuss the differences between and (dis)advantages of heap files, sequential files, and random file organization.
-
The conventional retail inventory method yields results that are essentially the same as those yielded by the lower-of-cost-or-market method. Explain. Prepare an illustration of how the retail...
-
The conventional retail inventory method yields results that are essentially the same as those yielded by the lower-of-cost-or-market method. Explain. Prepare an illustration of how the retail...
-
The conventional retail inventory method yields results that are essentially the same as those yielded by the lower-of-cost-or-market method. Explain. Prepare an illustration of how the retail...
-
On February 1, 2021, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of $8,600,000. During 2021, costs of $2,200,000 were incurred with...
-
Salespersons' Report and Analysis Walthman Industries Inc. employs seven salespersons to sell and distribute its product throughout the state. Data taken from reports received from the salespersons...
-
Stockholders do not have the power to bind the corporation to contracts. This is referred to as lack of mutual agency. True false question. True False
Study smarter with the SolutionInn App